1335 W Taylor Street
Chicago, IL, 60607
$2,599,000
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0 Baths
0 SqFt
0 Acres
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$2,599,000
1335 W Taylor Street
Chicago, IL, 60607
MLS #MRD12449499 image #0MLS #MRD12449499 image #1MLS #MRD12449499 image #2MLS #MRD12449499 image #3MLS #MRD12449499 image #4
Turnkey new construction investment centrally located on the Taylor Street corridor between Illinois Medical District to the West and University of Illinois Chicago to the East. 2019 construction with a desirable unit-mix, modern in-unit amenities and luxury finishes including in-unit laundry, granite countertops, individual HVAC, private balconies, etc. The first floor is leased to a national tenant – Insomnia Cookies – on a new 10-year lease providing stable, long-term cash flow with annual increases. Value-add potential with increases in rent to reflect recent rental comps in the area, finishing out the rooftop deck and monetizing the basement storage area. All three apartments are large 4BR/2BA units. Low expense ratio with Insomnia responsible for half of the property taxes and building insurance. Excellent area tenant base to draw from with UIC (34,000 undergrad and post graduate students – largest university in the Chicago Metro Area) and Illinois Medical District (29,000 employees, 50,000 daily visitors and $3.4 billion in economic opportunity – the largest medical district in North America).

Property Details

Price:
$2,599,000
MLS #:
MRD12449499
Status:
Active Under Contract
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
chinearwestside
Listed Date:
Aug 18, 2025
Total Sq Ft:
7,540
Year Built:
2019
Chi – Near West SideChinearwestside

Schools

Interior

Cooling
Central Air

Exterior

Financial

Net Operating Income
$173,951
Tax Year
2023
Taxes
$30,829
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Property Summary

    1335 W Taylor Street Chicago IL is a Commercial for sale in Chicago, IL, 60607. It is listed for $2,599,000 To schedule a showing of MLS#mrd12449499 at 1335 W Taylor Street in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
1335 W Taylor Street
Chicago, IL